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Cryptocurrency News Articles
Dogecoin (DOGE) and Ripple (XRP) Investors Pivot to an Emerging PropFi Token with Explosive Tendencies
Dec 18, 2024 at 09:30 pm
Chaperoned by a proprietary trading company, this rising cryptocurrency exhibits the potential to be the next 100x altcoin that could turn $500 into $50,000 before the bull market climaxes.
Investors are pivoting to an emerging PropFi token with explosive tendencies, as Dogecoin (DOGE) and Ripple (XRP) investors continue to face challenges in turning $500 into $50,000.
Chaperoned by a proprietary trading company, this rising cryptocurrency exhibits the potential to be the next 100x altcoin. As the bull market nears its climax, this token could present a unique opportunity for investors seeking astronomical returns.
Whales Transact 60.9 Billion DOGE In 24 Hours: What to Expect?
Meme coin Dogecoin (DOGE) recently experienced a 2.04% price drop, struggling to stay above the $0.40 mark. This decline saw the coin’s value dip to $0.39. Despite this bearish hit, DOGE whales have shown no signs of slowing down.
According to recent information from IntoTheBlock, whale transactions went up 41.12% in 24 hours, with approximately 60.9 billion DOGE transacted during this time. The rise in whale transactions indicates sustained interest in Dogecoin, which is a positive look for the meme coin.
Typically, a surge in whale transactions precedes a price swing. In this case, with 9,400 transactions culminating in this amount of DOGE transacted, it suggests the coin could be poised to travel upwards.
Dogecoin’s trading volume supports this view, sitting at $3.47 billion. Meanwhile, the meme coin is still down 13.29% this week, trading at $0.39. DOGE holders might be skeptical that the meme coin can turn $500 into $50,000, which is why they are flocking to the $FXG presale instead.
Expert Predicts XRP’s Rise to $27
According to EGRAG Crypto’s latest analysis, Ripple’s XRP could hit $6 by the end of December 2024 and $27 in January 2025. These projections rely on the Bifrost Bridge technical analysis, drawing from Fibonacci retracement levels and historical performances recorded during the 2017 cycle.
So far, XRP’s price has risen 26% in December, following a 283% rally in November. EGRAG urged market participants to watch out for the gold region between $4.3 and $6.4.
The whales’ accumulating XRP has boosted confidence in EGRAG’s prediction that it could come to pass. Amid the ongoing downturn phase, deep pockets have scooped over 100 million XRP, sparking expectations about a rally.
If the Ripple coin were to hit the predicted price for January, it would rise 1,330% from its current value. XRP trades at $2.36, losing 6.69% of its initial value. Even with the optimistic price growth projection, XRP is not in a position to turn $500 into $50,000 anytime soon!
Investors Lean Towards FXGuys’ Proprietary Trading Company: Here’s Why!
Recent developments have shown investors gravitating towards FXGuys’ proprietary trading company. This PropFi firm aims to add a layer of realism to prop trading by giving users real funds to trade financial instruments.
The platform’s main features include the trader funding program, trade2earn, and no-KYC. Through the funding program, traders can receive between $200,000 and $500,000 to trade any digital asset they want. This fund will be released after they pass specific trading challenges to test their abilities.
Also, the FX Guys platform will reward traders with $FXG tokens for their participation in the financial market. Their rewards will be contingent on their perpetuity in the market.
Furthermore, users can withdraw their profits from anywhere within 24 hours without undergoing KYC. Its fast transaction processing speed and no-KYC feature make the FXGuys platform appealing to institutional and retail investors.
SolidProof and Soken have audited the FX Guys network’s smart contracts in case of vulnerabilities. The platform is safe and secure for trading and investing and can be used as an asset custodian.
The $FXG PropFi Coin Could Turn $500 Into $50,000: Next 100x Altcoin?
Seeing $FXG’s use cases, investors could be wondering if the PropFi coin could be the next 100x Altcoin. As the native token of FX Guys, $FXG facilitates all activities within the proprietary trading company.
Besides using it to access FXGuys’ offerings, investors can buy the token for significant returns in the longer run. It exhibits hundred-fold potential such that investors can turn $500 into $50,000 with the coin.
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- BTFD Coin Steals the Show in a Meme Coin Market Filled With Drama and Turbulence
- Dec 19, 2024 at 12:55 am
- The meme coin scene never sleeps, and this month, it's a spectacle worth grabbing popcorn for. While Bitcoin keeps hogging headlines, meme coins are busy plotting their next moon mission. From underdog success stories to legal drama and market turbulence, the meme coin space continues to be the Wild West of crypto—chaotic, thrilling, and packed with opportunity.
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- A Crypto Trader Turned a $6 Investment into $87,000 with the PENGU Token, a Cryptocurrency Linked to the Well-Known Pudgy Penguin NFT System
- Dec 19, 2024 at 12:55 am
- This came after the token was launched yesterday, December 17, with a lot of demand reflecting inflated price change on exchanges like Binance and Solana-based platforms.